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Coherent (COHR) Reports Q2 Earnings: What Key Metrics Have to Say
COHRerent (COHR) Zacks Investment Research·2024-02-06 01:00

Coherent (COHR) reported 1.13billioninrevenueforthequarterendedDecember2023,representingayearoveryeardeclineof17.41.13 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 17.4%. EPS of 0.36 for the same period compares to 0.95ayearago.Thereportedrevenuerepresentsasurpriseof+1.130.95 a year ago.The reported revenue represents a surprise of +1.13% over the Zacks Consensus Estimate of 1.12 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +56.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...